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2025-03-03 09:30:09

Why XRP Is Going Up Today? Trump’s Crypto Plan Fuels Rally

The post Why XRP Is Going Up Today? Trump’s Crypto Plan Fuels Rally appeared first on Coinpedia Fintech News XRP has surged 30% following a groundbreaking announcement by U.S. President Donald Trump Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President regarding a “ US Crypto Reserve .” The inclusion of XRP in this proposed reserve has triggered a wave of investor confidence, driving up both price and market participation. Investors Flock to XRP Amid Growing Optimism After Trump’s push, XRP is seeing strong buying momentum as more investors jump in. XRP suffered a lot due to tariff policies and a lawsuit, but XRP made some positive moves in down market showcasing XRP community faith. Technically, the Price DAA Divergence (PDA) signals a clear upward sky, with a jump in active addresses showing rising investor interest. At the same time, the Chaikin Money Flow (CMF) indicates heavy inflows, meaning more money is pouring into XRP than leaving. This suggests that buyers are in control, pushing the price higher. With both retail and institutional demand growing, XRP seems set for more gains ahead. However, the MACD indicator is losing momentum, hinting at slowing bullish pressure, though the RSI remains above 50, keeping hopes alive for another push higher. If buyers regain control, a breakout past $3.00 could fuel another leg up, but failure to hold current levels might trigger a short-term correction. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : XRP News Today: Shocking Theory Predicts XRP Price at $10,000 – Here’s How , XRP Current Sentiment At $2.79, XRP is approaching a crucial resistance level at $2.95. If bulls maintain control and push beyond this barrier, the token could rally toward $3.00, setting its sights on the all-time high (ATH) of $3.40. A decisive breakout above this level could spark a fresh wave of interest, potentially driving XRP to new record highs. Having said that, with a short halt, XRP could retreat below $2.70 before attempting another push higher. Whether the current momentum sustains or a brief consolidation follows, XRP’s inclusion in Trump’s crypto reserve has undoubtedly given a new market hope, positioning the altcoin for further upside. Not Everyone is Happy with Trump’s Choice But many, including Coinbase CEO brian armstrong brian armstrong Brian Armstrong is one of the most well-known figures in the crypto industry today. He is an American investor, entrepreneur, and business executive. He is the CEO of Coinbase, a cryptocurrency platform. He is also a sought-after crypto expert and is often invited to speak at conferences all over the globe.Details:Organization: CoinbaseLocation: United StatesEducation: Master’s Degree in Computer Science from Rice University and Bachelor’s Degree in Computer science and economics from Rice UniversitySkills: Ruby and JavascriptExperience:CEO & Co-Founder of Coinbase from Jun 2012 to PresentTechnical Product Manager at Airbnb from May 2011 to Jun 2012CEO and Cofounder of UniversityTutor.com from Aug 2003 to May 2012FAQ's1.What is the net worth of Armstrong?Armstrong has a net worth of $2.4B Entrepreneur Investor Developer/Programmer Crypto and Blockchain Expert and Bitwise’s Jeff Park, argue that Bitcoin should be the sole reserve asset for clarity and legitimacy. Excited to learn more. Still forming an opinion on asset allocation, but my current thinking is: 1. Just Bitcoin would probably be the best option – simplest, and clear story as successor to gold 2. If folks wanted more variety, you could do a market cap weighted index of crypto… https://t.co/jv8Gcn8N2S — Brian Armstrong (@brian_armstrong) March 3, 2025 Others, like Fred Krueger, propose a market-weighted index. Critics, including Arthur Hayes, dismiss the plan as mere rhetoric, questioning its feasibility without congressional approval. Meanwhile, Peter Schiff, a longtime Bitcoin skeptic, likened BTC to gold but criticized XRP’s inclusion. The controversy highlights the broader debate over crypto’s role in national reserves. Though till now, all this is in words a concrete action on the field is what everyone is waiting for. Trump’s open support of XRP is giving a vibe that the year 2025 will create a new history for XRP. .article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World! 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If buying momentum continues and XRP breaks the $2.95 resistance , it could hit $3.00 and possibly challenge its all-time high of $3.40 . Can XRP Become a Global Reserve Currency? While XRP has fast transactions and scalability, widespread adoption by central banks and global regulators is still uncertain.

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